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Economy
In reply to the discussion: STOCK MARKET WATCH -- Friday, 25 January 2013 [View all]xchrom
(108,903 posts)36. IMF's Olivier Blanchard: Time for UK to consider Plan B
http://www.bbc.co.uk/news/business-21175407
The IMF chief economist has told the BBC that Chancellor George Osborne should consider slowing down austerity measures in his March budget.
"We think this would be a good time to take stock," said Olivier Blanchard, speaking to Radio 4's Today programme.
He also said the global economy was "not out of the woods yet".
In October, Mr Blanchard claimed in an IMF report that austerity had hurt wealthy countries such as the UK far more than most analysts had expected.
The IMF chief economist has told the BBC that Chancellor George Osborne should consider slowing down austerity measures in his March budget.
"We think this would be a good time to take stock," said Olivier Blanchard, speaking to Radio 4's Today programme.
He also said the global economy was "not out of the woods yet".
In October, Mr Blanchard claimed in an IMF report that austerity had hurt wealthy countries such as the UK far more than most analysts had expected.
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